[Form 4] Carrier Global Corporation Insider Trading Activity

Rhea-AI Filing Summary

Pandya Gaurang, President (CSA) of Carrier Global Corporation (CARR), reported insider transactions dated 08/08/2025. The filing shows 66 restricted stock units (RSUs) converted one‑for‑one into 66 shares of common stock at $0 per share, representing vested awards originally granted on 08/01/2022. On the same date the reporting person disposed of 29 shares at a sale price of $66.03 per share. The filing reports beneficial ownership of 16,879 shares following the conversion and 16,850 shares after the reported sale.

The explanatory note states RSUs included dividend equivalents credited as additional RSUs and payable on 08/08/2025. The form records vesting and a partial disposition of shares and does not disclose any other arrangements, larger transactions, or changes in control.

Insights

Securities Analyst

TL;DR: Routine RSU vesting and a small sale; ownership changed by 29 shares.

The report documents that 66 RSUs vested and converted into 66 common shares and that 29 shares were sold at $66.03 each on 08/08/2025. Beneficial ownership is recorded as 16,879 shares after conversion and 16,850 after the sale. These entries are consistent with compensation vesting and an ordinary disposition; the filing contains no indication of larger, material transactions or new agreements that would affect enterprise value.

Corporate Governance Expert

TL;DR: Disclosure shows expected director/officer compensation vesting and subsequent partial sale; no governance red flags disclosed.

The filing identifies the reporting person as an officer and discloses RSU vesting (granted 08/01/2022, payable dividend equivalents on 08/08/2025) converting to common stock and a contemporaneous sale of 29 shares. The submission appears to meet Section 16 reporting requirements by recording acquisitions and dispositions. The document does not report any departures, policy changes, or related‑party transactions tied to these entries.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pandya Gaurang

(Last) (First) (Middle)

13995 PASTEUR BOULEVARD

(Street)

PALM BEACH GARDENS FL 33418

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CARRIER GLOBAL Corp [ CARR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, CSA

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/08/2025		M		66	A	$0(1)	16,879	D
Common Stock	08/08/2025		F		29	D	$66.03	16,850	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit RSU	(1)	08/08/2025		A		66		(2)	(2)	Common Stock	66	$0.0000	66	D
Restricted Stock Unit RSU	(1)	08/08/2025		M			66	(2)	(2)	Common Stock	66	$0.0000	0.0000	D

Explanation of Responses:

1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.

2. On August 1, 2022, the reporting person was granted RSUs. On August 1, 2025, the reporting person reported that previously awarded RSUs, including dividend equivalents, vested and converted to Carrier common stock. Those previously awarded RSUs were entitled to additional dividend equivalents that were not payable until August 8, 2025.

	/s/ Erin O'Neal as Attorney-in-Fact	08/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did Carrier Global (CARR) report on Form 4?

The Form 4 shows that Pandya Gaurang had 66 RSUs convert into common stock and disposed of 29 shares on 08/08/2025.

How many shares did the reporting person own after the transactions in the CARR Form 4?

The filing reports beneficial ownership of 16,879 shares after the RSU conversion and 16,850 shares after the reported sale.

At what price were the 29 shares sold in the CARR Form 4?

The 29 shares were sold at $66.03 per share, as reported on the Form 4 dated 08/08/2025.

When were the RSUs originally granted that vested for the reporting person in the CARR filing?

The explanatory note states the RSUs were granted on 08/01/2022 and vested such that conversion occurred by 08/08/2025.

Do the CARR Form 4 entries indicate any other material arrangements or changes?

No. The filing records RSU conversion and a sale and does not disclose other agreements, departures, or material changes.